Worldwide All-terrain Vehicle Industry to 2027 - Featuring Polaris, Honda Motor and KYMCO Among Others - ResearchAndMarkets.com

Error message

Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).

An all-terrain vehicle (ATV) refers to a motorized single-seated tri or quadricycle bike and buggy that is designed for off-road travel and activities.

Metadata

Provider:

Business Wire, Inc.

Retrieved on:

Tuesday, July 5, 2022

Information

Summary

Key Points:

An all-terrain vehicle (ATV) refers to a motorized single-seated tri or quadricycle bike and buggy that is designed for off-road travel and activities.
The vehicle consists of handlebars and low-pressure tires that have deep-threaded structures, which assist in driving over muddy, rocky, wetlands and dune topologies.
Increasing consumer preference for off-road recreational activities and adventure sports is one of the key factors driving the growth of the market.
What is the structure of the global all-terrain vehicle market and who are the key players?

The "All-terrain Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global all-terrain vehicle market reached a value of US$ 4.1 Billion in 2021 and it is to reach US$ 5.0 Billion by 2027, exhibiting a CAGR of 3.36% during 2021-2027.

Companies Mentioned

Polaris Industries Inc.
Honda Motor Co. Ltd.
Kawasaki Heavy Industries
Yamaha Motor Corporation
Suzuki Motor Corporation
KYMCO
Deere & Company (John Deere)
Arctic Cat Inc.
Bombardier Recreational Products (BRP)
CFMOTO
CECTEK
HiSun Motors
Linhai
Taiwan Golden Bee

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

An all-terrain vehicle (ATV) refers to a motorized single-seated tri or quadricycle bike and buggy that is designed for off-road travel and activities. The vehicle consists of handlebars and low-pressure tires that have deep-threaded structures, which assist in driving over muddy, rocky, wetlands and dune topologies.

In comparison to other utility vehicles (UTVs), ATVs offer excellent off-road capabilities and can carry heavy equipment over long distances and narrow access points. They can also be customized for high-performance riding, owing to which they find extensive applications across various industries, including sports, entertainment, agriculture, military and defence.

Increasing consumer preference for off-road recreational activities and adventure sports is one of the key factors driving the growth of the market. With the advancements in automotive infotainment systems, vendors are offering ATVs with GPS tracking and Bluetooth connectivity systems, thereby enhancing the overall driving experience. Furthermore, widespread product adoption by the agriculture industry is also providing a boost to the market growth.

ATVs are widely utilized for conducting farm-related activities, such as field ploughing, weed control, animal handling and transportation of materials. Additionally, various technological advancements, including the development of electric quad bikes and the installation of improved steering systems, hydraulic pump connections, joystick controls and graphic displays in ATVs, are also contributing to the market growth. Other factors creating a positive impact on the market include a significant increase in the tourism industry, rapid urbanization and rising expenditure capacities of the consumers.

Key Questions Answered in This Report:

How has the global all-terrain vehicle market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global all-terrain vehicle market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the engine type?
What is the breakup of the market based on the number of wheels?
What is the breakup of the market based on the drive type?
What is the breakup of the market based on the fuel type?
What is the breakup of the market based on the seating capacity?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global all-terrain vehicle market and who are the key players?
What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global All-terrain Vehicle Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Type

7 Market Breakup by Application

8 Market Breakup by Engine Type

9 Market Breakup by No. of Wheels

10 Market Breakup by Drive Type

11 Market Breakup by Fuel Type

12 Market Breakup by Seating Capacity

13 Market Breakup by Region

14 SWOT Analysis

15 Value Chain Analysis

16 Porters Five Forces Analysis

17 Competitive Landscape

17.1 Market Structure

17.2 Key Players

17.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/lex0ty

View source version on businesswire.com: https://www.businesswire.com/news/home/20220705005719/en/